2nd Mortgage Zone

I bought my house with a silent second mortgage, and I need to know how much power I have in my house. If I determine equity second mortgage included to the price? Your property is the amount that you paid you a LEGAL requirement. It does not matter who holds the balance, leading to the mortgage you have the package. Your new from the point in his contract with prepaid, to the extent of your wealth. Their equity in the house, the value of the property minus the mortgage and other expenses.

Hey - I bought my house two years ago with 100% financing, I have an 80/20 loan. Both loans are tied to the first of 6.5% and the second at 9%. I received a statement in the mail from my credit card company (Chase) if I can derive a balance between 2.99% to do to the size of the loan is repaid. It would be a good idea for my second mortgage transferred to your credit card? With credit card interest is not tax deductible, interest on the first or second mortgage tax deductible. I'm going to do the math. (By the way, if you have two minutes late at 2.99%, go back to the interest rate somewhere around 20% and can "retroactively." I will read the fine print!) Joseph is right, plus the transfer is probably a fee of 3%. Read the fine print.

We want to do debt consolidation. We have just our first house payment. It was a Fannie Mae foreclosure we had bought on a loan with the USDA. We paid $ 58,000 $ 72,500 house plans. How long do we have to wait for half the mortgage, and how much can we get? Any help would be great. Thanks Do not think you get a kind of second mortgage on the property. It is now much harder than before. Lenders are not like the credit for the total estimated value of a property on what happened last year is based. Ask your bank about a possible HELOC on the property. The loan consultant will, as and when you want a loan cause. For some reason, thought questions the British site - In the UK, the answer is "no time" is = I know someone who is two loans - one of the largest loans and the other for a "filler" - at the same time. But the U.S. rules also differ.

Also, where I'm going to find this information without filling out an online credit application? My house is worth $ 600,000, I have $ 120,000 in equity, I would like to take a new loan for $ 55,000. I want to know what today is 15th February 2007. Thank 8.5 at a solid 30 years. Other mortgage is high, depending on what your first mortgage, you should make a payment to do the refinancing. It is easy to do the math on this just to add the length of your loan. Take what is best for you, remember that the final price is based on your loan, remember your calculations with an eye on the LTV (Loan to Value) of no more than 80%, or you will assume PMI, You have a good amount of credit depends on the nature of the other, you're looking for and your state. Are you in a home-equity line of credit (HELOC) if you are prime (8.25%) at least interested.

I have a great lay on my first deposit on March 04:04%, but I pay about 11% on my second. There are companies out there that refinancing is only the second? And justice will come into play, CA real estate market is not so good! Many do not take off, but a lower monthly payment. If anyone knows a company that can work with us, please let me know. Thank you, yes, you'll not only your second mortgage refinancing your first mortgage. Finding a local mortgage company that will do this, look in the phone and call a local mortgage broker. Suppose you are a "rate and term" refinance, second mortgages look. This means that you wish to refinance, but no one wants money, you just want a lower interest rate. When you speak with your mortgage broker about salaries and the qualifications you need to discuss this transaction done.

We own our house fully No mortgage loan of approximately $ 550K. We believe that we take early retirement on the beach. Now we have nice homes with land found in the region of $ 175k. Is it better to get a home equity to pay the full cost of the beach houses and other, less stress (about $ 75k two cars and a timeshare), or continue to pay for private collections, and add a mortgage to Beach House? The ultimate goal would be to break into the second home base and then sell to pay off your current home off balance and the remainder to be used in a system with monthly dividends as income in retirement, until we the retirement age, and perhaps a part-time work to achieve. d I would be a first mortgage. You do not risk your first home, when finances were a drastic change. I am a broker MTG. I use a HELOC and combine all your debts. If you pay all your debts separately, you pay interest on cars, credit cards, etc., are not deductible. MTG your debt.

If the first mortgage is paid on time, and not injured, but the second mortgage is behind the second mortgage on the house to the standard? Actually most of the time they can make a lien on your house. Primary mortgage holder, no rules about it myself. In addition, it is a dangerous road. Search for refinance ASAP. Only one credit course. The loan is secured against the property. If you do not pay, they go after you. Plus, you have no protection if a second mortgage nonrecouse and IRS come after you for tax on lenders loss. Pay the second mortgage is secured by the property as a first mortgage. The only difference that gets in second place behind the first mortgage, so that the first mortgage payment first means, they conclude. If the second mortgage, since the same lender, the first mortgage to show not only the two of you can find out anything.